Facebook hits 1.71B users as it crushes Q2 earnings with $6.44B revenue, shares soar 7.5%

23:08 27.07.2016
Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63%, adding 60 million this quarter to reach 1.71 billion monthly users. It scored $6.44 billion in revenue and $0.97 EPS, surpassing estimates of $6.02 billion and $0.82 EPS. That’s its 16th beat out of 17 quarters since it… Read More...
Теги: Facebook
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